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Morrow Industrialization Center AS
AS
Bankrupt
Org 914401984
Kristian Birkelands Trasé 6, 4849
Arendal
Manufacture of batteries and accumulators
·
NACE 2720
Est. 2014 · 11 years old
100 employees
www.ae.no
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Manufacture of batteries and accumulators
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Morrow Industrialization Center AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
98M
74M
49M
25M
0M
2020: 0M
0M
2020
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 50M
50M
2023
2024: 79M (+58% vs 2023)
79M
+58%
2024
EBITDA
NOK millions
0M
-21M
-42M
-63M
-83M
2020: 0M
0M
2020
2021: 0M
0M
2021
2022: -25M
-25M
2022
2023: -28M (-12% vs 2022)
-28M
-12%
2023
2024: -67M (-139% vs 2023)
-67M
-139%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
78 711
49 599
0
0
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−66 967
−27 570
−24 567
−23
−7
Depreciation & amort.
−4 475
−604
−0
−0
−0
EBIT
−71 442
−28 174
−24 567
−23
−7
Net financials
−778
2 251
64
0
0
Profit before tax
−72 220
−25 923
−24 503
−23
−6
Tax
−0
−0
−0
−6
−0
Net profit
−72 395
−31 712
−19 112
−17
−6
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
1 255 414
756 503
175 121
77
95
Equity
1 066 013
662 741
163 400
77
94
Long-term debt
126 645
6 645
6 645
0
0
Short-term debt
62 756
87 118
5 075
0
2
Total debt
189 401
93 763
11 720
0
2
Financial ratios
5-year trend
EBITDA margin
−85,1 %
This company
15,8 %
Market median
This company
Market median
639% below market
2020
2024
Equity ratio
84,9 %
This company
38,2 %
Market median
This company
Market median
122% above market
2020
2024
Return on equity
−6,8 %
This company
18,4 %
Market median
This company
Market median
137% below market
2020
2024
Net profit margin
−92,0 %
This company
8,1 %
Market median
This company
Market median
>999% below market
2020
2024
Asset turnover
0,06×
This company
1,12×
Market median
This company
Market median
95% below market
2020
2024
Debt / equity
0,18×
This company
0,62×
Market median
This company
Market median
71% below market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on Morrow Industrialization Center AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
